Nonprofit · EIN 38-3560640
WOLVERINE POWER MARKETING COOPERATIVE
Tax-exempt · CADILLAC, MI 49601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $93,668,572 | $93,668,572 | $0 | $36,139,869 | $9,514,586 | $26,625,283 |
| December 31, 2023 | 990 | $96,822,923 | $96,822,923 | $0 | $32,121,261 | $8,771,398 | $23,349,863 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $90,919,825
- Investment income
- $2,748,747
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $45,500
- Benefits paid to members
- $3,275,420
- Compensation of officers, directors and key employees
- $59,475
- Salaries, compensation and benefits (total)
- $59,475
- Professional fundraising fees
- $0
- Legal fees
- $60,730
- Accounting fees
- $23,778
- Travel
- $21,423
Balance sheet and other
- Total assets, start of year
- $32,121,261
- Total assets, end of year
- $36,139,869
- Total liabilities, end of year
- $9,514,586
- Net assets, end of year
- $26,625,283
- Gross receipts
- $93,668,572
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Hoffa | Vice Chairman Trustee or director, Officer | 2.3 | $10,200 |
| Rob Hunter | Chairman Trustee or director, Officer | 1.4 | $8,900 |
| Brian Taivalkoski | Board Secretary / Treasurer Trustee or director, Officer | 1.2 | $8,600 |
| Leandro Saez | Director Trustee or director | 0.3 | $8,600 |
| Rence Meredith | Director Trustee or director | 1.4 | $8,150 |
| Joe Haupt | DIRECTOR (BEGINNING 3/14/24) Trustee or director | 0.7 | $8,125 |
| Dan Taylor | Director Trustee or director | 0.3 | $6,900 |
| Craig Borr | CEO / PRESIDENT (BEGINNING 9/10/24) Officer | 12.6 | $0 |
| Daniel DeCoeur | CEO / PRESIDENT (ENDING 8/31/24) Officer | 36.2 | $0 |
| Richard M Kohler | CFO Officer | 7 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Leandro Saez | Director (beginning 3/14/23) Trustee or director | 1.1 | $8,875 |
| Jeff Hoffa | Director(began 3/14/23) / Vice Chairman (transitioned 9/12/23) Trustee or director, Officer | 1.5 | $8,825 |
| Brian Taivalkoski | Board Secretary / Treasurer Trustee or director, Officer | 1.6 | $8,550 |
| Rob Hunter | Chairman Trustee or director, Officer | 1.1 | $8,000 |
| Rence Meredith | Director Trustee or director | 0.7 | $6,900 |
| Chad Stirrett | Board Vice Chairman (ending 8/11/23) Trustee or director, Officer | 0.8 | $6,000 |
| Dan Taylor | Director Trustee or director | 0.2 | $5,175 |
| Mike Kuhn | Director (ending 3/14/23) Trustee or director | 0.2 | $1,725 |
| Larry Hermanson | Director (ending 3/14/23) Trustee or director | 0.5 | $875 |
| Daniel H DeCoeur | CEO / PRESIDENT Officer | 30.6 | $0 |
| Richard M Kohler | CFO Officer | 7.8 | $0 |
Address and contacts
- Address (IRS master file)
- 10125 W WATERGATE RD, CADILLAC, MI 49601-8458
- In care of
- % WALTER J GARCIA
- Principal officer (990 for 2024)
- Craig Borr, 10125 West Watergate Road, Cadillac, MI 49601
- Signed the 990
- Craig Borr, President & CEO
- Phone
- (231) 775-7500
- Website
- www.WPMC.coop
- Return prepared by
- CROWE LLP
Mission
provide affordable power supply to our members through flexible and creative pricing solutions.
Program accomplishments
- WOLVERINE POWER MARKETING COOPERATIVE (WPMC) PROVIDES RETAIL ELECTRIC SERVICES AS AN ALTERNATIVE ELECTRIC SUPPLIER SERVING 20 MEMBER-OWNERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-3560640
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y22)
- Assets (IRS master file)
- $36,139,869
- Income (IRS master file)
- $93,668,572
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $93,668,572 | $93,668,572 | $36,139,869 | XML |
| 990 | December 2023 | $96,822,923 | $96,822,923 | $32,121,261 | XML |
| 990 | December 2022 | $122,212,710 | $122,212,710 | $33,721,152 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3560640).
Questions about WOLVERINE POWER MARKETING COOPERATIVE
- What is the EIN of WOLVERINE POWER MARKETING COOPERATIVE?
- The employer identification number (EIN) of WOLVERINE POWER MARKETING COOPERATIVE is 38-3560640.
- Is WOLVERINE POWER MARKETING COOPERATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2001.
- Are donations to WOLVERINE POWER MARKETING COOPERATIVE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WOLVERINE POWER MARKETING COOPERATIVE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WOLVERINE POWER MARKETING COOPERATIVE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WOLVERINE POWER MARKETING COOPERATIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WOLVERINE POWER MARKETING COOPERATIVE?
- The 990 for the year ended December 31, 2024 names Craig Borr.
- Who are the officers and directors of WOLVERINE POWER MARKETING COOPERATIVE?
- The 990 for the year ended December 31, 2024 lists 10 people; 7 received compensation from the organization, the highest $10,200 (Jeff Hoffa, Vice Chairman).
- How much revenue does WOLVERINE POWER MARKETING COOPERATIVE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $93,668,572, expenses of $93,668,572 and total assets of $36,139,869 at year end.
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